Latest Forum Topics / Genting SP5.125%Per | Post Reply |
OFFER OF S$500M 5.125% PERPETUAL SEC
|
|||||
grandjedi
Member |
28-Aug-2013 14:38
|
||||
x 0
x 0 Alert Admin |
Hi, is someone able to share with me how to decide when to keep or sell this stock? Thanks.
|
||||
Useful To Me Not Useful To Me | |||||
New123
Elite |
25-Apr-2012 11:05
|
||||
x 0
x 0 Alert Admin |
i think u may see $1.05 in times to come...
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
genting^2
Veteran |
19-Apr-2012 12:29
|
||||
x 0
x 0 Alert Admin |
Just make life simpler, 10000 shares of S$1. If it rises to 1.05, it will be $500 profit. 500/10000 = 5%.     |
||||
Useful To Me Not Useful To Me | |||||
rayang
Member |
19-Apr-2012 11:38
|
||||
x 0
x 0 Alert Admin |
the share pays $0.05125 per year in perpetuity for every $1 shareholding (ignoring semi-annual compounding to make it simple.)   the yield from similar securities like hyflux preference shares is around 5.11% pa.   so the price of genting is $0.05125/0.0511 =   $1.003. if the price hits $1.004, the market is expecting a yield of $0.05125/$1.004 = 5.1%  |
||||
Useful To Me Not Useful To Me | |||||
edchai
Senior |
19-Apr-2012 10:48
|
||||
x 0
x 0 Alert Admin |
Oops ... i got it wrong again.  Whatever is it .... just for the sake of fun.
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
genting^2
Veteran |
19-Apr-2012 10:37
|
||||
x 0
x 0 Alert Admin |
Wrong lah. If   based on your calculation, it should be 1.025.   |
||||
Useful To Me Not Useful To Me | |||||
edchai
Senior |
19-Apr-2012 10:24
|
||||
x 0
x 0 Alert Admin |
also, we have to take transaction fees into our consideration  
|
||||
Useful To Me Not Useful To Me | |||||
edchai
Senior |
19-Apr-2012 10:19
|
||||
x 0
x 0 Alert Admin |
wrong claculation ... wanted to state 1.0025 :-)    So, it would be 1.002 ~~ 1.003.  My estimation is based on its yield 5.125%.  As  the  issuer  paying coupon in every six months, 5.125% / 2 is about 2.5%. Make sense ?  
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
genting^2
Veteran |
19-Apr-2012 09:11
|
||||
x 0
x 0 Alert Admin |
Day high 1.004   |
||||
Useful To Me Not Useful To Me | |||||
wangerism
Veteran |
19-Apr-2012 09:04
|
||||
x 0
x 0 Alert Admin |
lets see what is the value over the years....
|
||||
Useful To Me Not Useful To Me | |||||
genting^2
Veteran |
19-Apr-2012 08:46
|
||||
x 0
x 0 Alert Admin |
So far highest is 1.002   |
||||
Useful To Me Not Useful To Me | |||||
genting^2
Veteran |
19-Apr-2012 08:12
|
||||
x 0
x 0 Alert Admin |
Why 1.025 | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
edchai
Senior |
19-Apr-2012 00:19
|
||||
x 0
x 0 Alert Admin |
my guess  1.025
|
||||
Useful To Me Not Useful To Me | |||||
genting^2
Veteran |
18-Apr-2012 19:54
|
||||
x 0
x 0 Alert Admin |
What price do you think it will launch tomorrow morning? btw, just to confirm the code is it P9GZ  |
||||
Useful To Me Not Useful To Me | |||||
lim888
Member |
18-Apr-2012 17:11
|
||||
x 0
x 0 Alert Admin |
I got full... | ||||
Useful To Me Not Useful To Me | |||||
edchai
Senior |
18-Apr-2012 17:07
|
||||
x 0
x 0 Alert Admin |
Actually, who ever applied for it, got it.  Either full or partial.
|
||||
Useful To Me Not Useful To Me | |||||
genting^2
Veteran |
18-Apr-2012 16:37
|
||||
x 0
x 0 Alert Admin |
I got some too.   |
||||
Useful To Me Not Useful To Me | |||||
New123
Elite |
18-Apr-2012 16:36
|
||||
x 0
x 0 Alert Admin |
Is over-subscribed. I got some too!
|
||||
Useful To Me Not Useful To Me | |||||
edchai
Senior |
18-Apr-2012 16:34
|
||||
x 0
x 0 Alert Admin |
Yes.  Just wondering how many of you applied its IPO ?  I got some.  
|
||||
Useful To Me Not Useful To Me | |||||
New123
Elite |
18-Apr-2012 13:58
|
||||
x 0
x 0 Alert Admin |
very good yields as compare to the bank int.. I think may  trade  above $1.02 tmr...
|
||||
Useful To Me Not Useful To Me |